8.39 USD
+0.22 (+2.69%)
8.24 USD
-0.15 (-1.79%)
Overall SHLS gets a fundamental rating of 6 out of 10. We evaluated SHLS against 90 industry peers in the Electrical Equipment industry. While SHLS has a great health rating, its profitability is only average at the moment. SHLS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SHLS was profitable.
In the past year SHLS had a positive cash flow from operations.
Each year in the past 5 years SHLS has been profitable.
Of the past 5 years SHLS 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.91%, SHLS is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
SHLS has a better Return On Equity (5.64%) than 75.56% of its industry peers.
SHLS has a Return On Invested Capital of 5.16%. This is in the better half of the industry: SHLS outperforms 72.22% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SHLS is below the industry average of 10.41%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.91% | ||
| ROE | 5.64% | ||
| ROIC | 5.16% |
ROA(3y)9.74%
ROA(5y)9.41%
ROE(3y)18.49%
ROE(5y)N/A
ROIC(3y)7.05%
ROIC(5y)8.61%
1.3 Margins
Looking at the Profit Margin, with a value of 7.67%, SHLS belongs to the top of the industry, outperforming 81.11% of the companies in the same industry.
SHLS's Profit Margin has declined in the last couple of years.
SHLS's Operating Margin of 12.78% is amongst the best of the industry. SHLS outperforms 83.33% of its industry peers.
In the last couple of years the Operating Margin of SHLS has declined.
SHLS has a better Gross Margin (36.82%) than 83.33% of its industry peers.
SHLS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.78% | ||
| PM (TTM) | 7.67% | ||
| GM | 36.82% |
OM growth 3Y-8.94%
OM growth 5Y-7.19%
PM growth 3Y77.6%
PM growth 5Y-19.03%
GM growth 3Y-2.8%
GM growth 5Y3.07%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SHLS is destroying value.
Compared to 1 year ago, SHLS has less shares outstanding
SHLS has about the same amout of shares outstanding than it did 5 years ago.
SHLS has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.30 indicates that SHLS is not in any danger for bankruptcy at the moment.
SHLS has a better Altman-Z score (4.30) than 73.33% of its industry peers.
The Debt to FCF ratio of SHLS is 16.39, which is on the high side as it means it would take SHLS, 16.39 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 16.39, SHLS is doing good in the industry, outperforming 64.44% of the companies in the same industry.
A Debt/Equity ratio of 0.21 indicates that SHLS is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.21, SHLS is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 16.39 | ||
| Altman-Z | 4.3 |
ROIC/WACC0.61
WACC8.5%
2.3 Liquidity
A Current Ratio of 2.19 indicates that SHLS has no problem at all paying its short term obligations.
SHLS's Current ratio of 2.19 is fine compared to the rest of the industry. SHLS outperforms 68.89% of its industry peers.
A Quick Ratio of 1.53 indicates that SHLS should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.53, SHLS is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.53 |
3. Growth
3.1 Past
The earnings per share for SHLS have decreased strongly by -10.81% in the last year.
SHLS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.95% yearly.
Looking at the last year, SHLS shows a small growth in Revenue. The Revenue has grown by 2.68% in the last year.
The Revenue has been growing by 22.54% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-10.81%
EPS 3Y14.47%
EPS 5Y-0.95%
EPS Q2Q%50%
Revenue 1Y (TTM)2.68%
Revenue growth 3Y23.25%
Revenue growth 5Y22.54%
Sales Q2Q%32.93%
3.2 Future
Based on estimates for the next years, SHLS will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.59% on average per year.
The Revenue is expected to grow by 12.41% on average over the next years. This is quite good.
EPS Next Y23.27%
EPS Next 2Y21.64%
EPS Next 3Y20.08%
EPS Next 5Y15.59%
Revenue Next Year17.42%
Revenue Next 2Y15.68%
Revenue Next 3Y13.8%
Revenue Next 5Y12.41%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 25.42 indicates a quite expensive valuation of SHLS.
80.00% of the companies in the same industry are more expensive than SHLS, based on the Price/Earnings ratio.
SHLS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.31.
A Price/Forward Earnings ratio of 17.18 indicates a rather expensive valuation of SHLS.
SHLS's Price/Forward Earnings ratio is rather cheap when compared to the industry. SHLS is cheaper than 83.33% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.59, SHLS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.42 | ||
| Fwd PE | 17.18 |
4.2 Price Multiples
74.44% of the companies in the same industry are more expensive than SHLS, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, SHLS is valued a bit cheaper than 65.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 181.64 | ||
| EV/EBITDA | 22.15 |
4.3 Compensation for Growth
SHLS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of SHLS may justify a higher PE ratio.
SHLS's earnings are expected to grow with 20.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.09
PEG (5Y)N/A
EPS Next 2Y21.64%
EPS Next 3Y20.08%
5. Dividend
5.1 Amount
SHLS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
8.39
+0.22 (+2.69%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners117.35%
Inst Owner Change-2.04%
Ins Owners0.81%
Ins Owner Change0.93%
Market Cap1.40B
Revenue(TTM)433.99M
Net Income(TTM)33.27M
Analysts78.46
Price Target10.63 (26.7%)
Short Float %8.48%
Short Ratio2.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.54%
Min EPS beat(2)-7.85%
Max EPS beat(2)18.92%
EPS beat(4)1
Avg EPS beat(4)-7.79%
Min EPS beat(4)-23.86%
Max EPS beat(4)18.92%
EPS beat(8)3
Avg EPS beat(8)-6.28%
EPS beat(12)7
Avg EPS beat(12)7.56%
EPS beat(16)10
Avg EPS beat(16)3.77%
Revenue beat(2)2
Avg Revenue beat(2)2.8%
Min Revenue beat(2)1.73%
Max Revenue beat(2)3.87%
Revenue beat(4)4
Avg Revenue beat(4)3.59%
Min Revenue beat(4)1.73%
Max Revenue beat(4)6.14%
Revenue beat(8)6
Avg Revenue beat(8)1.82%
Revenue beat(12)9
Avg Revenue beat(12)2.27%
Revenue beat(16)11
Avg Revenue beat(16)1.85%
PT rev (1m)40.72%
PT rev (3m)45.07%
EPS NQ rev (1m)-6.56%
EPS NQ rev (3m)-5.38%
EPS NY rev (1m)-0.13%
EPS NY rev (3m)1.15%
Revenue NQ rev (1m)2.76%
Revenue NQ rev (3m)3.82%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.42 | ||
| Fwd PE | 17.18 | ||
| P/S | 3.24 | ||
| P/FCF | 181.64 | ||
| P/OCF | 39.96 | ||
| P/B | 2.38 | ||
| P/tB | 2.9 | ||
| EV/EBITDA | 22.15 |
EPS(TTM)0.33
EY3.93%
EPS(NY)0.49
Fwd EY5.82%
FCF(TTM)0.05
FCFY0.55%
OCF(TTM)0.21
OCFY2.5%
SpS2.59
BVpS3.52
TBVpS2.89
PEG (NY)1.09
PEG (5Y)N/A
Graham Number5.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.91% | ||
| ROE | 5.64% | ||
| ROCE | 7.3% | ||
| ROIC | 5.16% | ||
| ROICexc | 5.22% | ||
| ROICexgc | 6.07% | ||
| OM | 12.78% | ||
| PM (TTM) | 7.67% | ||
| GM | 36.82% | ||
| FCFM | 1.78% |
ROA(3y)9.74%
ROA(5y)9.41%
ROE(3y)18.49%
ROE(5y)N/A
ROIC(3y)7.05%
ROIC(5y)8.61%
ROICexc(3y)7.24%
ROICexc(5y)8.93%
ROICexgc(3y)8.98%
ROICexgc(5y)20.95%
ROCE(3y)9.98%
ROCE(5y)12.18%
ROICexgc growth 3Y-14.52%
ROICexgc growth 5Y-38.93%
ROICexc growth 3Y-7.16%
ROICexc growth 5Y-15.5%
OM growth 3Y-8.94%
OM growth 5Y-7.19%
PM growth 3Y77.6%
PM growth 5Y-19.03%
GM growth 3Y-2.8%
GM growth 5Y3.07%
F-Score5
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 16.39 | ||
| Debt/EBITDA | 1.84 | ||
| Cap/Depr | 206.43% | ||
| Cap/Sales | 6.32% | ||
| Interest Coverage | 5.79 | ||
| Cash Conversion | 51.12% | ||
| Profit Quality | 23.24% | ||
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.53 | ||
| Altman-Z | 4.3 |
F-Score5
WACC8.5%
ROIC/WACC0.61
Cap/Depr(3y)65.64%
Cap/Depr(5y)54.49%
Cap/Sales(3y)1.74%
Cap/Sales(5y)1.8%
Profit Quality(3y)176.81%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.81%
EPS 3Y14.47%
EPS 5Y-0.95%
EPS Q2Q%50%
EPS Next Y23.27%
EPS Next 2Y21.64%
EPS Next 3Y20.08%
EPS Next 5Y15.59%
Revenue 1Y (TTM)2.68%
Revenue growth 3Y23.25%
Revenue growth 5Y22.54%
Sales Q2Q%32.93%
Revenue Next Year17.42%
Revenue Next 2Y15.68%
Revenue Next 3Y13.8%
Revenue Next 5Y12.41%
EBIT growth 1Y-16.67%
EBIT growth 3Y12.23%
EBIT growth 5Y13.73%
EBIT Next Year81.24%
EBIT Next 3Y35.24%
EBIT Next 5Y25.51%
FCF growth 1Y-91.56%
FCF growth 3YN/A
FCF growth 5Y15.88%
OCF growth 1Y-64.84%
OCF growth 3YN/A
OCF growth 5Y17.31%
SHOALS TECHNOLOGIES GROUP -A / SHLS FAQ
Can you provide the ChartMill fundamental rating for SHOALS TECHNOLOGIES GROUP -A?
ChartMill assigns a fundamental rating of 6 / 10 to SHLS.
What is the valuation status for SHLS stock?
ChartMill assigns a valuation rating of 6 / 10 to SHOALS TECHNOLOGIES GROUP -A (SHLS). This can be considered as Fairly Valued.
Can you provide the profitability details for SHOALS TECHNOLOGIES GROUP -A?
SHOALS TECHNOLOGIES GROUP -A (SHLS) has a profitability rating of 6 / 10.
What is the earnings growth outlook for SHOALS TECHNOLOGIES GROUP -A?
The Earnings per Share (EPS) of SHOALS TECHNOLOGIES GROUP -A (SHLS) is expected to grow by 23.27% in the next year.